USANA Health Sciences Inc (USNA)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 532,109 | 497,202 | 434,472 | 395,124 | 441,650 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $532,109K)
= 0.00
The debt-to-capital ratio for USANA Health Sciences Inc has consistently remained at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00% suggests that the company relies solely on equity financing to fund its operations and growth, which can be viewed positively by investors and creditors as it implies lower financial risk and insulates the company from potential solvency issues arising from excessive debt.